My Hubby Do Not Tell Me “I Love You” Any More May Be He Has Stopped Loving Me!!

March 7, 2014

My Hubby Do Not Tell Me “I Love You” Any More May Be He Has Stopped Loving Me!!

A Wife was sharing with her Kitty Party Friend. I bet you would have also come across this kind of talk at some point of time in your life. Let us deal with that. But before that let me deal with the Media Report….It says…. “The legends are abandoning the markets.”

Stanley Druckenmiller:-

Stanley Druckenmiller closed his Duquesne Capital in 2010, stating that he was no longer able to meet his investment “standard[s]” in the post-2008 climate.

Druckenmiller had maintained average annual return of 30% since 1986 onward. He also managed George Soros’ Quantum Fund from 1988-2000.

Druckenmiller’s key strength has always been macro-economic forecasting. That he would feel the capital markets were not offering him the opportunities he needed says a lot. 

Seth Klarman:-

Seth Klarman is another investment legend who is returning capital to clients. Widely considered to be the Warren Buffett of his generation, Klarman recently cited a lack of “investment opportunities” as the cause for his decision to downsize his legendary Baupost Group hedge funds. 

Other legends or market out performers who have returned capital to investors or closed their funds to outside investors are Carl Icahn and Michael Karsch. Indeed, even value legend Warren Buffett is sitting on the single largest amount of cash in the history of his 50+ year career as an investor, stating that stocks are “fully valued” at current levels (Buffett largely does not believe in shorting the market, so his decision to be in cash is a strong indicator of opportunities).

Media Reports and Facts:-

Normal investors rarely have time to check the facts of the news and Media takes them for the ride because of this. The fact……..

Totality of Life:-

People in western world have penchant for totality of life. They are ready to experiment with the life and all its aspects as and when they are presented with them.

Most of the Sanysis in ISKCON, OHSO Dham, Arvind Ashram, Hippis in late 70s in Goa were Westerners. In fact, legendary Steve Jobs…had also visited India in search of GURU.

The point I am making is that, they leave one thing for other….not because OLD thing is bad…but because they want to try NEW ONE.

Now Look at the names given in the Media Report:-

Stanley Druckenmiller:- He is already 60 and made tons of money for himself.  In fact he made USD 260 million in 2008. In Indian Currency it is Rs.1600Crs. If you read his bio graphical details…you will find he is bending towards Spiritualism.

Carl Icahn is already 78. He has his health issues. Like Buffett Icahn is a diversified investor with extensive holdings in biotech, casinos, information technology and real estate. About half his fortune is invested in publicly traded companies, including natural gas outfit El Paso and auto parts maker Federal Mogul. His closely held assets include a telecommunications company (XO Holdings) and rail cars (ACF). So, his businesses are running properly.

Seth Klarman reached 57. Now a day, he is more into Philanthropy.  Michael Karsch is the youngest amonth the names. He is just 45 and after a stressful career of 20 years….he is looking for something else.

The oldest among above is Warren Buffett. He is sitting on around USD 50 Billion Cash as per latest Annual Report. Among all of the above….this is the only guy who is active in market as of now. He does not invest for immediate return…..he has never kept a target for investment return. As per his Annual Letter….he is most bullish on USA even today !!

My Personal Call:-

Beneath obvious and apparent information, news and behaviors, you will find the real truth and real love. Just take little effort.

Have a Great Thursday.

Follow me on Twitter @hiteshmparikh Or on Whatsapp - +91-9869425399.

Live With Passion…Invest With Passion.

Hitesh Parikh.